JB_172_162.xml

Title: [1820. Dec r. 25. Rid Yourselves of]

Description: 1820. Dec r. 25.

Rid Yourselves of Ultramaria

Introduction

' 6 Table IV

IV. Table IV I style Spanish Revenue and

Expenditure Table n

o.

1819. In this you may, in the first place, see the

particulars of the revenue of that year, as translated in

our Morning chronicle of the 12th. of August 1820, from such documents of yours as

had, at that time, come to hand.

(Translator! make the requisite corrections.)

In the next place, comes the expenditure of

that same year. But, of this, all that the document exhibits, is the sum total.

(Translator! Add particulars if obtainable)

Meantime, for the purpose of the present argument, the sum total is quite sufficient: nor would incorrectness, to

the utmost probable extent, suffice to render it otherwise. The expenditure more than

double the receipt, and, for the four preceding years, the same proportion kept up -

a state of the finances such as this will hardly be regarded us being together

suitable to any such purpose as that of making distant conquests: no, nor so much as

to the keeping up, on the most peaceable footing, the means of Government, though it

were confined to the Peninsula (a)

Note (a)

As to the proportion thus expressed, how it can, for any such length

of time, have had existence, is more than I can figure to myself: I give it as I find

it. Upon the face of it, what is stated is a self-contradiction in terms. By money,

to the amount in question borrowed, possibility might have

been given to it. But, by the extreme difficulty that, but t'other day, attended the

borrowing of Reals vellon 200,000,000, pounds sterling about 2,000,000, it seems to

me sufficiently evident, that no loans to any such amounts if to any amounts, can, in

the interval in question, have had place.

Non-payment of money due on the score of official pay - non-payment of money due for goods ordered and received -

if, under the head of expenditure, non-payment, in both or

either of these forms, was meant to be included - and, to the extent in question,

expenditure and such non-payment, one or other or both, had place, - on this

supposition, indeed, howsoever incorrect in the expression, the statement is correct

in substance. Still the difficulty remains how it is, that under such circumstances,

the

members

JB_172_180.xml

Title: [1820 Dec r 20 Rid Yourselves]

Description: 1820 Dec r 20

Rid Yourselves

Introduction

'.6. Tables shewing the frounds of these opinions, with preliminary explanations.

To render your conception of the matter the more particular and vivid, I proceed to

submitt to you consideration a quantity of financial matter digested into four

Tables.

Of the three first of them the matter is taken wholly from Townsend, with the

exception of the article of recent date in Table II: inserted for the purpose of

comparison. In the three Tables taken together, which seem to have been the grounds

of the opinions you have just been seeing, will lie before you: the fourth Table, is

the whole of it of the freshest date.

I Table I I style for shortness the Conjunct Revenue Table. In this you may see the

whole Revenue received in Spain confronted with the whole Revenue received by the

Spanish Government in America, at 7 or 8 different periods from 1722 to 1819 both

inclusive.

Of the word America as employed in the original Table the

import was, I take for granted coextensive with that of Ultramaria in your

Constitutional Code.

II Table II I style for shotness the American Revenue.

In this Table you may see the particulars as stated at one period (1786) of that

Revenue, the aggregate amounts of which, taken at different periods constitute an

half of the matter of the preceding Table.

III. Table III I style for shortness Spanish Expenditure Table A o

1778, you may see, in considerable detail the particulars of that years expenditure

of the Spanish Government, for and during that year, in Spain and every where else

with the exception of Ultramaria.

JB_172_168.xml

Title: [1820. Dec r 30. Revised 1822 March 20]

Description: 1820. Dec r 30. Revised 1822 March 20

Rid Yourselves of Ultramaria. Tables to the Introduction

(d) by net amount seems to be here meant,

what was considered as the net amount of the sums received in Spain, after deduction

made of those expended in Ultramaria. But, to find the result in respect of profit

and loss from the dominion over Ultramaria to Spain, against this so stiled net amount, must be set that part of the aggregate expence

of Spain, which, but for the dominion, would not have had existence: and which it is

supposed would not be found so little as twice the amount of this stiled net profit.

See Table II.

Table I. Conjunct Revenue Table Spanish ULtramarian including namely,

Spanish and Spanish-America, at seven different periods

Public Revenue of Spain: Exclusive of that called Indian Revenue, (b) according to Townsend's Journey

through Spain 2 d. Edit. 1792. II. 184. 185, 186. 190 ed.

Reals Vellon

Pounds Sterling

Public Revenue termed Indian Revenue

according to Townsend. II 184, 185 2 d. Edit.

Reals Vellon.

Pounds Sterling

(b.) In articles 1, 3, 4, 5, 6, the sums are the remainders after

deducting from those in Townsend the sums mentioned in his Table as the amount of the

Revenue, called Indians Revenue: those amounts are here

brought together in the Table headed Indian Revenue.

(c.) In the Table, in which this infomation is inserted, the year is

1774. This, however, must have been a mistake: for, in the particulars already given

(II. 182.) of this same revenue, the years 1785 and 1786, are mentioned.

(d.) By net amount.